O.C.G.A.
O.C.G.A.

O.C.G.A. § 20-3-434 (2019)

Pro rata reduction of grants when funds are insufficient

✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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In the event funds available to the authority are not sufficient to enable the authority to pay on behalf of eligible students the full grant prescribed by the General Assembly, grants payable for the remaining school terms shall be reduced by the authority on a pro rata basis.

History

(Ga. L. 1976, p. 503, § 7; Code 1933, § 32-3770, enacted by Ga. L. 1980, p. 835, § 3; Ga. L. 1981, p. 735, § 48; Ga. L. 2013, p. 1048, § 2/SB 82.)